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Fortune@KobeissiLetter reported that 26 of 52 central banks worldwide raised rates and 26 lowered them in May, ending two years of net easing.
A memorandum signed Thursday ended the conflict that closed the Strait of Hormuz. Oil prices have fallen from their March peak, yet analysts say higher inflation has already been built into many economies.
forbes.comGlobal gold purchases reached 2,175 tons last year while prices peaked above $5,500 an ounce before easing after U.S. strikes on Iran.
kingworldnews.comNearly nine in ten central banks expect global gold reserves to rise over the next year. The World Gold Council survey also found more institutions moving gold storage to domestic locations.
theaviationist.comA memorandum of understanding between the U.S. and Iran has been signed, with a formal signing scheduled for Friday. The agreement is under review by other world leaders at the G7 summit.
coindesk.comThe Bank of Japan is set to raise its benchmark rate to 1 percent on June 16, the highest since 1995. Leveraged funds hold more than 115,000 speculative short yen contracts, the most since November 2017.
japantimes.co.jpThe Ministry of Economy and Finance and the Bank of Korea issued a joint statement pledging firm measures against excessive foreign-exchange swings after the won hit a 17-year low.
thehindubusinessline.comGlobal central banks purchased 17 tonnes of gold in April, reversing a net sale of 30 tonnes the previous month. Poland and China accounted for the largest additions.
David Solomon told an industry event in New York that higher energy prices are already prompting changes in spending and that those shifts could intensify after July.
Substrate placeholder — needs reviewCentral banks now hold 27 percent of their reserves in gold, surpassing U.S. government securities for the first time in years. The shift follows sustained purchases and a near-doubling of bullion prices since 2022.
cointelegraph.comOfficials in Europe and Britain outlined steps on digital assets this week. The measures target stablecoin oversight and platforms linked to Russia.
CoinDeskThe Bank for International Settlements reported that tokenized central bank money and bank deposits can make global payments faster and safer. Its Project Agorá will now advance to real-value testing on blockchain rails.
rte.ieOil and gas prices have risen after the Strait of Hormuz disruption. Producer price expectations in energy-intensive sectors have increased while consumer inflation remains concentrated in energy components. Labor markets have cooled in several advanced economies.
ventureburn.comGoldman Sachs reaffirmed its forecast for gold to reach $5,400 per ounce by the end of 2026. The bank increased its estimate for monthly central bank gold purchases to 50 tons and expects the pace to average 60 tons per month through 2026.
Central banks and ratings agencies are warning of renewed inflation pressures linked to higher oil prices and geopolitical tensions. Markets show mixed expectations for interest rate moves by year-end.
newsbtc.comJapanese investors hold about $1 trillion in U.S. Treasuries. Rising JGB yields and expected Bank of Japan rate hikes are drawing funds back home. Weak demand at recent Treasury auctions has pushed long-term yields higher.
Australia raised its cash rate to 4.35 percent in May while several other countries maintained or lowered rates. Central banks in New Zealand, the United Kingdom, the United States, Japan, and Indonesia are responding to differing inflation, unemployment, and currency conditions.
etftrends.comChina's central bank purchased 8 tonnes of gold in April, the largest monthly addition since December 2024. The bank has now bought gold for 18 consecutive months, lifting official holdings to a record 2,322 tonnes. Year-to-date purchases total 15 tonnes.
SemaforCentral banks in Australia and elsewhere are raising interest rates to combat persistent inflation driven by the Middle East conflict and elevated fuel prices. Geopolitical shifts include Iran's domestic crackdown and France's pivot to stronger ties with Kenya. Emerging markets f…
BbcThe Bank of England maintained interest rates at 3.75% due to inflationary pressures from the ongoing war in Iran, signaling potential future increases. Iran's supreme leader vowed to safeguard the country's nuclear and missile programs amid U.S. efforts to limit them.
ibtimes.co.ukThe Bank of England and European Central Bank maintained their key interest rates unchanged as the ongoing U.S.-Iran standoff drives oil prices to multi-year highs and raises inflation concerns. Oil benchmarks surged, with Brent exceeding $122 per barrel and WTI topping $105, ami…
Oil prices climbed to their highest levels in four years as tensions in the US-Iran war persisted, with Iran restricting access to the Strait of Hormuz. The Bank of England and Federal Reserve held interest rates steady amid rising inflation and energy costs. Gas prices in the Un…
The World Bank projects global commodity prices will reach their highest levels since 2022 due to supply disruptions from the ongoing war in Iran. Oil prices have climbed amid shipping restrictions in the Strait of Hormuz, while gold prices have declined. Market volatility persis…
France 24European stock markets are poised for gains as investors monitor U.S. responses to Iranian peace proposals and anticipate corporate earnings. Central bank meetings this week add to market focus amid ongoing war uncertainties. Oil prices rose slightly overnight.
tfipost.comThe S&P 500 and Nasdaq achieved new intraday highs, driven by expectations of reduced tensions in the Middle East and strong technology sector performance. This development occurs as markets anticipate upcoming earnings reports and central bank actions. The weekly outlook questio…
Substrate placeholder — needs reviewBhanu Baweja, chief strategist at UBS Group AG, stated that traders could face unexpected outcomes from assumptions that major central banks will coordinate actions in response to a potential prolonged war in Iran. This view highlights risks in market positioning amid geopolitica…
ibtimes.co.ukAccording to the Wall Street Journal, investors believe an oil shock will lead central banks to tighten monetary policy. This view is described as mistaken. The report highlights potential implications for financial markets amid energy price fluctuations.